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GERMANY'S UNEMPLOYED.

POSSIBLY SIX MILLIONS. The number of people out of work in Germany and the families who are receiving assistance is put by a Duisburg newspaper, which contains an article on the present state of German industry, at 6,000,000, while there are 1,500,000 shorttime workers who are also being helped. Of the number of unemployed it is explained that one-half belong to the occupied territory. The situation has improved as regards short-time workers, but a continuation of the improvement is doubtful on account of the shortage of capital. German industrialists are endeavouring to obtain advances from abroad, but these, when obtained, are on onerous terms. It is the small employers who find themselves -in a bad way. They depend on German capital, which, it' is: pointed out, is at present insufficient. The German Government is urged to carry out its economic and fiscal reforms; otherwise capitalists will not be disposed to lend money; and consequently the small industries will be unable to find credit and the factories will remain idle.! ;

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19240407.2.163

Bibliographic details

New Zealand Herald, Volume LXI, Issue 18678, 7 April 1924, Page 12

Word Count
171

GERMANY'S UNEMPLOYED. New Zealand Herald, Volume LXI, Issue 18678, 7 April 1924, Page 12

GERMANY'S UNEMPLOYED. New Zealand Herald, Volume LXI, Issue 18678, 7 April 1924, Page 12

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